Financial & Regulatory Reporting Associate/AVP

This role is responsible for delivering high-quality financial and investor reporting across a range of alternative investment structures, including hedge funds, private equity funds, and CLOs. The position involves oversight of NAV production, capital activity, complex fee calculations, and financial statement preparation, while ensuring compliance with applicable accounting standards and regulatory requirements. The role will collaborate closely with internal teams, clients, and auditors to support accurate and timely deliverables.

Key Responsibilities

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Oversee accounting, administration, and financial and regulatory reporting for hedge funds, private equity funds, CLOs, and other complex vehicles

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Review NAV packages, investor allocations and financial deliverables for accuracy, completeness, and timeliness

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Prepare and review quarterly and annual financial statements, including balance sheet, income statement, cash flows, and partner capital statements

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Prepare and review statements of changes in partners’/shareholders’ capital, including subscriptions, redemptions, allocations, and equalization impacts

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Ensure compliance with GAAP/IFRS and applicable regulatory and disclosure requirements

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Draft and review footnote disclosures, including investment valuation, fair value hierarchy (ASC 820), and risk disclosures

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Coordinate audit support, including preparation of PBC (provided-by-client) schedules and responding to auditor queries

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Support tax reporting processes, including review of capital account statements and coordination of K-1 inputs

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Analyze financial results and variances, including P&L trends, expense allocations, and performance drivers

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Establish and document accounting treatment for complex structures (e.g., illiquid assets, structured products, bespoke investments)

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Oversee complex calculations, including management/incentive fees, carried interest, waterfalls, and expense allocations

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Perform and review reconciliations (cash, positions, P&L); investigate and resolve breaks to ensure data integrity

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Analyze qualitative and quantitative data to identify risks, exceptions, and control gaps; implement corrective actions

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Drive process efficiency through standardization, automation, and strengthened controls